The value of a Pharmacy Benefit Risk Management program.
We can reverse that trend of spending more on prescription medications each year. Plan participants can save 20%+ on average in the first 12-18 months with no change in benefit design.
These are some questions you should be able to answer:
- Is there a spread between the pharmacy and your PBM?
- Do you access employer drug coupons (we have seen them only accessed 17% of the time)
- What is your current PBMs declination rate? (Do you know why this matters?)
- Is your broker making commission or an override? (Do you know why this matters?)
Let us show you a better way to manage your RX spend. There are many ways to decrease your pharmacy spend with no change in benefit design.